• Accounting, Consulting & Audit Services
    for Non-Profits, Government Agencies
    & Corporations

Small Business

Running a small business is hard work. Working with LIFMS makes it easier.

Let Long Island Financial Management Services put our expertise to work for you, so you can focus on keeping your business moving toward your goals. Insourcing or outsourcing your accounting to LIFMS can be a cost effective way to free up your staff to do more of what your business is all about while ensuring that all accounting and reporting is done in full compliance with all applicable regulations.

LIFMS specializes in providing small businesses with cost effective services for all of their day to day and year-end needs. We offer customized solutions tailored to our client’s specific needs, including:

  • Online payroll administration
  • Cost reduction and containment
  • Budgeting, forecasting and cash projections
  • Accounts payable/accounts receivable, invoicing
  • Reconciliation of all bank and credit card accounts
  • Reconstruction and/or write-up of accounting records
  • Outsourced internal audit services and control reviews
  • Comprehensive financial reporting packages to meet your needs
  • Financial management services from CFO to bookkeeping services
  • Sales tax filing
  • Financial statement preparation for the tax preparer of your choice or pick one of ours!

As an AICPA Peer Reviewed accounting firm and NYSSCPA member, we are committed to adhering to the highest quality standards. We have multiple experienced and diversified staff members, which enables us to provide a wide range of custom outsourced services to our clients and ensure that your accounting tasks are always completed regardless of employee absence or turnover. We require continuing education, resulting in our staff being up-to-date with changes in payroll tax laws, generally accepted accounting principles, regulatory requirements and the latest versions of popular bookkeeping software. All work is supervised by NYS licensed CPA’s, and we take pride in our cutting-edge technology. We have reasonable and scalable rates, and can help you to set up accounting systems and procedures for either a new or existing business.

Let our experience and reliability provide you with the peace of mind that comes from knowing that your accounting is in the hands of trustworthy professionals. We will see to it that your financial records are in order and that all filings are prepared appropriately and on a timely basis.

We focus on your accounting so you can focus on your business.

    • SBA WOSB Certified
    • DBE Certified - Disadvantaged Business Enterprise
    • AICPA
    • NYS CPAs
    • QuickBooks Certified
    • QuickBooks Online Certified